Terril Brothers Inc. Lowers Stake in The Mosaic Company (NYSE:MOS)

Terril Brothers Inc. lowered its stake in shares of The Mosaic Company (NYSE:MOS) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 128,920 shares of the basic materials company’s stock after selling 13,430 shares during the period. Mosaic accounts for about 1.0% of Terril Brothers Inc.’s investment portfolio, making the stock its 25th biggest holding. Terril Brothers Inc.’s holdings in Mosaic were worth $3,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of MOS. Allianz Asset Management GmbH lifted its holdings in Mosaic by 190.8% during the fourth quarter. Allianz Asset Management GmbH now owns 1,593,914 shares of the basic materials company’s stock worth $39,178,000 after buying an additional 1,045,812 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Mosaic by 44.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,218,410 shares of the basic materials company’s stock worth $86,189,000 after buying an additional 986,812 shares during the period. Two Sigma Advisers LP lifted its holdings in Mosaic by 40.6% during the third quarter. Two Sigma Advisers LP now owns 3,279,200 shares of the basic materials company’s stock worth $87,817,000 after buying an additional 947,500 shares during the period. Thompson Siegel & Walmsley LLC lifted its holdings in shares of Mosaic by 13.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,939,404 shares of the basic materials company’s stock valued at $78,717,000 after purchasing an additional 359,760 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Mosaic by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 8,351,351 shares of the basic materials company’s stock valued at $228,018,000 after purchasing an additional 178,844 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MOS. Royal Bank of Canada reiterated a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. Barclays lowered Mosaic from an “overweight” rating to an “underweight” rating and decreased their price objective for the company from $30.00 to $27.00 in a report on Tuesday, January 21st. Piper Sandler increased their price objective on Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, January 27th. Morgan Stanley decreased their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Finally, Oppenheimer began coverage on Mosaic in a report on Thursday, December 12th. They set a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Mosaic has an average rating of “Hold” and an average price target of $33.80.

Mosaic Price Performance

NYSE MOS opened at $23.90 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The stock’s fifty day moving average price is $26.23 and its 200 day moving average price is $26.46. The Mosaic Company has a 1 year low of $23.05 and a 1 year high of $33.44. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 21.15, a PEG ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.22 per share. This is an increase from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic’s dividend payout ratio (DPR) is currently 77.88%.

Mosaic Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.